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Super interesting compound interest

Super interesting compound interest

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Pushlished date icon Published on 20 Dec 2022

Saving for the future can sometimes feel like playing the long game.

Sure, your boss is putting your SG contribution away every month and you’re watching your balance grow bit by bit, but the finish line can seem like a distant dream.

The good news? All that time can also work in your favour – because you’re making the most of a handy tool called compound interest. The earlier you start saving and contributing, the sooner you’re bound to start seeing your balance grow – faster and bigger.

Basically, compound interest is earning money on your money. And that money earning money on that money. And that snowballing exponentially. It does the work for you, so you feel like it’s all going in the right direction without much effort. 

This is what makes your super so important. 

If you're looking for a way to supersize your superannuation, you could consider some of these tips: 

  • Combine your super into your Prime Super account so you’re earning compound interest on a bigger balance 
  • Consider a ‘salary sacrifice’. If you can, you may want to ask your boss to put an added portion of your payslip into your super (pre-tax), before it reaches your bank account 
  • Think about making small, regular contributions. It’s as easy as paying an online bill by logging into MemberOnline and finding the BPAY instructions.

Watch our video on how it all works 

We’re here to help 

Stay in touch with your super and keep in touch with us too. We’re here to help—whether you have questions about boosting your super balance or how to build your balance faster.  

Book a chat with a Super Specialist, phone one of our team members on 1800 675 839 between 8am and 8pm AEST Mon–Fri, or email us

This video is current at the date of publication and is subject to change. It contains general information and does not take account of your specific objectives, financial situation or needs or personal circumstances. You should seek professional financial advice, consider your own circumstances and read our Product Disclosure Statement (PDS) before making a decision about Prime Super. All graphs are for illustrative purposes, tax and fees have not been considered. Returns can vary due to a number of factors. For a PDS and Target Market Determination call 1800 675 839 or visit the Prime Super Pty Ltd ABN 81 067 241 016 AFSL 219723 RSE L0000277 (Trustee), Prime Super ABN 60 562 335 823 RN 1000276.

The graphs in this video calculate compound interest at a rate of 8% p.a. with amounts fully invested until 20 years or 40 years. These assumptions are for illustrative purposes only. Fees and tax have not been considered. Returns can vary over time depending on a number of factors